Question
Income tax was first introduced in India in ______.
Income tax was first introduced in India in ______.
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Solution
The correct option is A 1860
The history of income tax in modern India dates back to 1860 when the first income tax act was introduced by James Wilson who became India's first finance member. Hence, income tax was first introduced in India in 1860.
The history of income tax in modern India dates back to 1860 when the first income tax act was introduced by James Wilson who became India's first finance member. Hence, income tax was first introduced in India in 1860.
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